House Prices

[how_supra]

Hi Sabrina,

 

i can tell from your tone you're getting fed up with looking - don't give up, one will turn up eventually.

 

Have you tried speaking to your local government about any Shared Ownership properties. Basically they are designed for people to purchase say 50% of the property with a mortgage and rent the rest from them (the rent is normally minimal). When your salary increases or your debts are paid off you should be in a position to gradually buy the rest from the local gov.

 

The positive thing is you get a bigger better property than your current budget of £90k, a foot on the property ladder and the chance to own it 100% in the future.

 

what do you do for a living? if you're a nurse, teacher, police etc then you could apply for a Key Workers Scheme grant (similar to Shared Owners Scheme but you don't pay rent)

 

hows the FTO by the way ? if its still working you could always sell that ?!?!? or is that a stupid thing to say ???

 

I'm not getting fed up, I am just finding it tough to find a place that I can actually live in for that money. The part ownership ones are far and few between, I missed out on one by about a day - gutted. As for the key workers unfortunately I'm private sector, so I don't qualify for those. But something will come up. The main thing is that I have made the necessary steps to get out of that dump I was in before

 

As for the FTO, its in hospital at the moment waiting for a heart transplant.